Bloomberg "Anywhere" Remote Login Bloomberg "Terminal" Request a Demo

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Bahrain Mega Industrial City to Cost $15.9 Billion, Alayam Says

July 11 (Bloomberg) -- Construction and development costs of Bahrain’s planned mega industrial city are estimated at 6 billion dinars ($16 billion), Alayam reported, citing Hassan Fakhru, the kingdom’s industry and commerce minister.

The government has finished a feasibility study of the planned city, which will be constructed on 93 square kilometers of land, Fakhru told the newspaper. The city is expected to generate 5 billion dinars a year by 2040 and provide 240,000 jobs, Alayam cited Fakhru as saying.

To contact the reporter on this story: Wael Mahdi in Manama at wmahdi@bloomberg.net

To contact the editor responsible for this story: Andrew J. Barden at barden@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.